BEIJING (Reuters) – China’s economy grew again in the second quarter after a deep depression earlier in the year, but an unexpected weakness in domestic consumption underscored the need for more political support to boost recovery after the impact of the coronavirus crisis. Asian equity markets and the Chinese yuan …
Read More »China’s economy recovers after sharp decline, weak demand, US tensions increase risks
BEIJING (Reuters) – China’s economy grew again in the second quarter after a deep depression earlier in the year, but an unexpected weakness in domestic consumption underscored the need for more political support to boost recovery after the impact of the coronavirus crisis. Asian equity markets and the Chinese yuan …
Read More »China Criticizes US Sanctions Related To Hong Kong As “Gangster Logic”
HONG KONG (Reuters) – China accused the United States of “gangster logic” on Wednesday after US President Donald Trump ordered the end of Hong Kong’s special status under US law in response to the imposition of Beijing of a new security legislation in the territory. The Beijing Liaison Office in …
Read More »Beijing’s main Hong Kong office criticizes US sanctions as “gangster logic and intimidation”
HONG KONG (Reuters) – China’s main representative office in Hong Kong condemned what it called serious US interference in the Asian financial center, calling President Donald Trump’s move to end the city’s special status as ” mafia logic and harassment “. In a strongly worded statement Wednesday night, the Hong …
Read More »China’s economy grows again in Q2, more support needed to drive recovery
BEIJING (Reuters) – China’s economy is likely to return to modest growth in the second quarter after a record contraction, as the closure measures ended and politicians increased stimulus to combat the shock of the coronavirus crisis. Workers in facial masks, after the outbreak of coronavirus disease (COVID-19), work at …
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